120 Micah EdwardMauriceLA70555
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Maurice at 120 Micah Edward, Maurice, LA, 70555 listed at $289,000 pairs $2,442/mo rent with a $1,415/mo payment to leave $614/mo cash flow. Total monthly income runs $2,442/mo, and annual cash flow reaches $7,366/yr on $95,804 cash to close. Return on cash invested measures 27.6% in year one, and rental yield registers 10.14% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 144.24% and total cumulative return in cash totals $138,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,442/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70555, Maurice, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 3,165 (77.1%) |
| Renter Occupied HU | 620 (15.1%) |
| Vacant Housing Units | 321 ( 7.8%) |
| Median Home Value | $240,395 |
| Average Home Value | $260,072 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,793
Multi-Family
219
Businesses
227
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Listed by: Asim Baloch • Weiser Realty & Property Managment, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2020023101
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2025-04-25 12:12:18 PDT